Polish equity market closed lower on Tuesday. The broad market measure, the WIG Index, fell by 0.4%. Except for information technology (+0.52%) and telecommunication services (+3.47%), every sector in the WIG Index declined, with materials (-2.10%) lagging behind.
The large-cap stocks' measure, the WIG30 Index, dropped by 0.49%. 22 out of all 30 index components recorded losses, led by copper producer KGHM (WSE: KGH) and two gencos TAURON PE (WSE: TPE) and ENERGA (WSE: ENG), tumblimg by 2.25%, 2.03% and 2.01% respectively. Oil and gas producer PGNIG (WSE: PGN) and FMCG-wholesaler EUROCASH (WSE: EUR), also produced noticeable declines, each plunging by 1.95%. On the other side of the ledger, footwear retailer CCC (WSE: CCC) and telecommunication services provider ORANGE POLSKA (WSE: OPL) were the biggest gainers, surging by 3.64% and 3.62% respectively.